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Tag Archives: New Home Sales
Supply Of New Homes At 6.1 Months Nationwide
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide. Continue reading
Behind The Housing Starts Headlines, The Story That Matters
Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit. Continue reading
Posted in Housing Analysis
Tagged Homebuilder Confidence, Housing Starts, New Home Sales
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New Home Sales Approach Bull Market Territory
According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high. Continue reading
New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving. Continue reading
New Home Inventory Keeps Sinking
Home builders continue to sell homes and work through inventory. Continue reading
New Home Sales Figures Better Than Reported
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month. Continue reading
New Home Supplies Remain Flat; Builders Not Over-Extending
Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February. Continue reading
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence
According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest. Continue reading
New Homes Sales Gain in June, But Gains Are Relative
June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest. Continue reading
Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case. Continue reading